DraftKings is betting on Donald Trump-connected Ballard Partners to help it achieve its economic development and regulatory relief goals in Washington.
The coronavirus pandemic has dealt a blow to the online gaming platform as US professional sports leagues have suspended play during 2020.
DraftKings, which had $343M in 2019 revenues, is in the midst of wrapping up a merger with SB Tech to create the "only vertically-integrated pure-play sports betting and online gaming company based in the US."
The deal also is a vehicle for DraftKings to go public
Brian Ballard, who chaired the Trump Victory organization in Florida, heads the DraftKings team, which includes Rebecca Benn, staffer to Sen. Thad Cochran (R-MS), and Daniel McFaul, chief of staff to Rep. Matt Gaetz (R-FL).